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Mar 19, 2013
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see you steve. hank greenberg is here. he is chairman and c.e.o. of c.b. starr and company. he was chairman and c.e.o. of american international group, a.i.g., for nearly 40 years. under his leadership a.i.g. became the largest insurance company in the world. its mark value grew fr $300 million to $180 billion. he resigned from the company in 2005 amid investigations into an accounting scalp dahl. three years later, a.i.g. received a $182 billion bailout package from the government at the height of the financial crisis. now he is suing the federal government alleging they mistreated stockholders in the course of the bailout. his new book "the a.i.g. story" tells the story of the company's dramatic history. in the interest of full disclosure, c.d. starr foundation was an underwriter of this program in the past and m pleased to have hank greenberg back at this table, welcome. >> thank you. the. >> rose: why this book >> several reasons. i thought the facts first of all -- the facts had to come out what really happened. the so-called accounting scandal turned out to be nothing.
see you steve. hank greenberg is here. he is chairman and c.e.o. of c.b. starr and company. he was chairman and c.e.o. of american international group, a.i.g., for nearly 40 years. under his leadership a.i.g. became the largest insurance company in the world. its mark value grew fr $300 million to $180 billion. he resigned from the company in 2005 amid investigations into an accounting scalp dahl. three years later, a.i.g. received a $182 billion bailout package from the government at the...
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Mar 22, 2013
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. >> that's right, my very close friend of mine in college, steve schneider, similar people, we both grew up, he grew up in ohio, i indiana, both pitchers on the baseball team and we both studied math at harvard. so he was someone i grew close with in college. and sort of observed the degradation in his mental state and it ended with him taking his own life. about seven years ago now. and so yeah it was very difficult process to observe and it certainly built some deep seeded motivation in me to understand what was happening. >> rose: if you were doing all this over, would you go in a different direction? i mean would you have gone into some aspect of life sciences directlrather than coming the way that did you through mathematics and computer science and writing code? wince don't think so. you know, i feel like i studied some life sciences while in college. so i spent some time in courses on neuroscience and computational neuroscience and it seemed clear to me that many of the innovations were going to be happening in the development 6 novel sensors to generate more data about the b
. >> that's right, my very close friend of mine in college, steve schneider, similar people, we both grew up, he grew up in ohio, i indiana, both pitchers on the baseball team and we both studied math at harvard. so he was someone i grew close with in college. and sort of observed the degradation in his mental state and it ended with him taking his own life. about seven years ago now. and so yeah it was very difficult process to observe and it certainly built some deep seeded motivation...
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Mar 18, 2013
03/13
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the kind of thing that steve jobs was famous for. you know, the stock market has been skittish. consumers who like apple products are looking for something big. maybe it's not in phone maybe it's the long rumored television set. they're working on a super smart watch. they've got to do something. there is pressure on apple. samsung has for several years, i've talked to samsung executives privately in korea and here for several years. they don't care about any other competitor. their aim has been totally a appear al. there's pressure on tim cook and apple to delight the public again with something big. and their next big event is going to be in the spring, juneish, may or june. and we'll see what they do. >> rose: blackberry has a new device coming out. >> i don't think apple feels nearly as much pressure. i don't think it's remotely close. the pressure they feel is from sat sung. >> rose: thank you so much, glad to have you. >> glad to be here. >> walter mossberg from the wall street journal. stay with me. >> rose: i began this trip on the vespa. he was my guide. >> you can do t
the kind of thing that steve jobs was famous for. you know, the stock market has been skittish. consumers who like apple products are looking for something big. maybe it's not in phone maybe it's the long rumored television set. they're working on a super smart watch. they've got to do something. there is pressure on apple. samsung has for several years, i've talked to samsung executives privately in korea and here for several years. they don't care about any other competitor. their aim has...
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Mar 21, 2013
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steve leaseman tells us where we go from here. >> the federal reserve voting 11 to 1 to keep its policy in place and purchasing $85 billion a month in treasury and mortgage-backed securities in an effort to drive down long-term interest rates. but the federal reserve chairman in the press conference after the statement came out, suggested that the fed may reduce the amount of monthly purchases if he sees sustained improvement. >> we are seeing improvement. i think one thing we would need is to make sure that this
steve leaseman tells us where we go from here. >> the federal reserve voting 11 to 1 to keep its policy in place and purchasing $85 billion a month in treasury and mortgage-backed securities in an effort to drive down long-term interest rates. but the federal reserve chairman in the press conference after the statement came out, suggested that the fed may reduce the amount of monthly purchases if he sees sustained improvement. >> we are seeing improvement. i think one thing we would...